armandodelayo
armandodelayo armandodelayo
  • 25-01-2017
  • Physics
contestada

Let r = .07 be the reserve rate. Which of the following is the money multiplier?

Respuesta :

andriansp andriansp
  • 03-02-2017
The formula for the money multiplier is :

1/ Reserve rate

so, the answer would be :

1/0.07
Answer Link
LoganBS10
LoganBS10 LoganBS10
  • 22-09-2020

Answer:

1/0.07

Explanation:

Answer Link

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